Any other surprises I should be aware of if I were the winning bidder?

So I decided to make some phone calls to get estimates on the repairs and I find a guy that can do the repairs for over $1000 cheaper than Bob's estimate and I agree to have this maintenance man John do the repairs because it's a lot cheaper than Bob's estimate.Meanwhile, without the property owner's consent or even letting the property manager aware (because later he admits that it's a surprise) Bob decides to rent out Diploma Ave. to another tenant.

@Joe Villeneuve, thanks for the heads up, was not aware that setting up an LLC would eliminate the need to double close or assign.

The bank said they were not aware of that.

Well aware that I need a cushion (from all reading on BP and professionals I've talked with) and that's another reason getting a job within the industry would be great help. - Long term goal is to be investor/developer.

And you knew that if you sent a postcard specifically talking about tax liens to that list that you just developed, many of the folks would get pissed off, curse your family, and never ever think about allowing you to help them solve their problems.You are also aware that letters are an expensive endeavor, both financially and time wise, as you have developed a pretty sizable list of prospects.

If you're wholesaling in a war zone then this could become an issue for your buyers.

I also make sure Buyer is aware their friend got paid and that if they refer someone for other homes, they can also get paid!

And so the disagreement over the Bailout Bill, though pegged in the Mainstream Media as a war between battling economic classes, might really be a much deeper and more significant faceoff; a battle for the economic soul of this country.

I'm aware of the process of a wholesale deal when it's being assigned, I just wanted to know if end buyer gets a copy of P/S agreement that I have with seller.